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Fintech

June’s electronic transactions in SA total R1.3tn

South Africa’s electronic transactions rose to R1.36 trillion last month, signalling an economic uptick, says BankservAfrica.

Profit-taking cools Bitcoin rally

Despite the dip, analysts and major investment houses remain confident the bullish momentum is not over.

MoneyBadger secures R7m to bolster crypto adoption

The company looks to broaden its merchant partner ecosystem and venture into new markets on the continent.

Christopher Tredger

ALNET Technologies

ALNET Technologies closing the books with Sage – faster close, faster insights

Sage conducted its sixth annual global Close the Books survey, involving over 1 000 finance professionals, to uncover trends and insights into achieving faster and more accurate financial closing.

Alnet Technologies

University of Cape Town

Students find solutions to real-world payment challenges

A UCT hackathon showcased the potential of fintech innovation in addressing pressing issues in the country, such as financial inclusion.

NSFAS fintech partners to challenge contract cancellations

In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1

More entry-level devices to spur eSIM adoption

The eSIM adoption curve will spike as entry-level devices start to come into the market, says FNB Connect CEO Sashin Sookroo.

Simnikiwe Mzekandaba

Bitcoin sets new record amid global uncertainty

The crypto-currency’s new record high is being driven by buyers seeking a hedge against a weaker US dollar amid geopolitical risk.

Agentic AI poised to disrupt banking

Financial services are moving away from traditional, rule-based automation, claims FutureBank CEO.

Christopher Tredger

Huawei Cloud drives African FinTech innovation

Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking

Digitised bridging funding speeds up property deals

Where traditional bridging funding is slow and requires paperwork, digitised alternatives bring everything together in one place, say industry players.

Survey: One in 10 South Africans fall victim to cyber fraud

More than half of the respondents to a TransUnion survey said they were attacked by cyber criminals in the second quarter of this year.

Stitch makes second major acquisition

The local fintech firm acquires digital payments company Efficacy, to offer direct card clearing services to the market.

Payment terminal

Tactile introduces DUO POS Feitian F55: Unique dual display low-cost payment terminal

The Feitian F55 is an Android dual display double-sided smart POS terminal.

Tactile Technologies

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